7842 Lockwood RdBaltimoreMD21222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Baltimore at 7842 Lockwood Rd, Baltimore, MD, 21222 offers a 9.12% rental yield on a $140,000 purchase with $1,064/mo rent. Total monthly income registers $1,064/mo, and a $685/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,322/yr on $46,410 to close, and return on cash invested stands at 24.91% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 129.77% and total cumulative return in cash at $60,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,064/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1959
1,782 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,196 (100%) |
| Owner Occupied HU | 14,258 (58.9%) |
| Renter Occupied HU | 8,161 (33.7%) |
| Vacant Housing Units | 1,777 ( 7.3%) |
| Median Home Value | $268,319 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
23,108
Single Family
21,244
Multi-Family
1,864
Businesses
1,070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices